Description: The Merriam brothers desired a continuity of editorship that would link Noah Webster's efforts with their own editions, so they selected Chauncey A. Goodrich, Webster's son-in-law and literary heir, who had been trained in lexicography by Webster himself, to be their editor in chief.

Description: Why It Matters. Changes in a company's backlog may have profit implications. A rising backlog may indicate that a company is experiencing either increased sales or production problems; a falling backlog may indicate the company's sales are falling or that it is increasing production efficiency. It is important to study a company's revenue recognition policies when evaluating backlog.